nounUpper-intermediate

commodity

US

/kəˈmɑːdəti/

UK

/kəˈmɒdəti/

Meaning

A basic product or material that is bought and sold, often in large quantities.

ऐसा बुनियादी सामान या कच्चा माल जिसे बाज़ार में खरीदा-बेचा जाता है, अक्सर बड़ी मात्रा में।

Examples

“The country exports coffee, an important commodity for its economy.”

export a commodityeconomic context

“After the drought, the price of wheat rose sharply.”

commodity pricesmarket context

“Online platforms have commodified some services that once felt personal.”

commodify somethingbusiness context

Useful patterns

a commodity such as oil or wheatbuy and sell commoditiescommodity pricesa scarce commoditya commodity market

Word toolkit

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Word family

commodify(verb)
commodification(noun)

Common collocations

agricultural commoditycommodity pricescommodity markettrade in commoditiesglobal commodityscarce commodity

Common mistakes

Not natural: The company trades in many commodity.

Better: The company trades in many commodities.

Commodity is countable here, so use its plural form after many.

यहाँ commodity गिनने योग्य है, इसलिए many के बाद इसका plural रूप commodities आएगा।

Not natural: The price of commodity has increased.

Better: The price of the commodity has increased.

Use the before a specific commodity, or say commodity prices when speaking generally.

किसी खास commodity की बात हो तो the लगाएँ; आम तौर पर कहें तो commodity prices बोलें।

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Synonyms

Words with similar meaning

productgoodsmerchandiseware

Learner tip

Commodity often refers to raw materials traded in markets; it can also describe something valuable or in short supply.

Commodity अक्सर बाज़ार में बिकने वाले कच्चे माल के लिए आता है; इसका मतलब किसी मूल्यवान या कम उपलब्ध चीज़ से भी हो सकता है।

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Quick quiz

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One answer

A country sells large amounts of coffee abroad. What is coffee in this context?

कोई देश विदेश में बहुत-सी कॉफ़ी बेचता है। इस संदर्भ में कॉफ़ी क्या है?